Bitcoin Breaks Key Technical Support Amid Macro Headwinds and Rising Yields

Key Facts

1Bitcoin price fell 1.64% to $77,012 after buyers failed to break through the resistance zone near $82,281.

2The price broke below the 100-bar moving average on the 4-hour chart at $78,850, giving sellers more short-term control.

3Cryptocurrencies are being negatively impacted by rising 10-year Treasury yields toward 4.90% and a stronger U.S. dollar.

Amid escalating concerns over inflation and monetary policy shifts, Bitcoin's price dropped by 1.64% to reach $77,012. This decline followed a failure by buyers to break through the key resistance zone near $82,281, leading to increased selling momentum. According to analyst reports, this retreat reflects a shift in risk appetite as the primary cryptocurrency struggled to maintain its recent upward trajectory.

Technically, the price broke below the 100-bar moving average on the 4-hour chart at $78,850, granting sellers more control in the short term. Cryptocurrencies are currently facing headwinds from rising 10-year U.S. Treasury yields toward 4.90% and a strengthening U.S. dollar, which diminishes the appeal of speculative assets. Furthermore, rising energy costs, with oil pushing above $100, have contributed to reduced liquidity for digital assets.

Looking ahead, the $78,850 level remains a critical resistance that must be reclaimed to flip the current bearish bias, while traders eye the next support zone between $74,262 and $76,977. With authoritative price data unavailable as of the close on September 10, 2026, investors are closely watching for any commentary from Fed Chair Kevin Warsh regarding treasury yields and dollar strength as primary catalysts for the next directional move.